NOT LISTED FOR SALE

586 Beach Ave Block Island, RI 02807

Estimated Value: $1,707,326 - $2,343,000

4 Beds
2.5 Baths
2,304 Sq Ft
$925/Sq Ft Est. Value

Last Sold February 09, 2018

Last sale price $1,350,000 $586 Per Sq Ft

Est. 58% increase in value since last sale

Current estimated payment $12,162/month

63 Days on Market

Highlights

  • Beach Front
  • Water Access
  • Game Room
  • Marina
  • Wood Flooring
  • Cottage

About This Home

As of February 2018

One of the few waterfront properties with direct access to Great Salt Pond. Easily launch your kayaks, canoes and small boats from backyard. Totally rebuilt from foundation up in 2009. High end appliances. Hugely popular rental.

Last Agent to Sell the Property

Susan Weissman

Sullivan Sotheby's Intl.Realty License #REB.0015149 Listed on: 11/07/2017

Sullivan Sotheby's Intl.Realty

Last Buyer's Agent

Cindy Pappas

Sullivan Sotheby's Intl.Realty License #REB.0010926

Sullivan Sotheby's Intl.Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,837

Year Built

  • Built in 2009

Lot Details

  • 1.66 Acre Lot
  • Beach Front
  • Property is zoned MX

Home Design

  • Cottage
  • Block Foundation
  • Shingle Siding
  • Plaster

Interior Spaces

  • 2-Story Property
  • Fireplace Features Masonry
  • Game Room
  • Workshop
  • Storage Room
  • Utility Room
  • Water Views

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Bathtub with Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Partially Finished Basement

  • Basement Fills Entire Space Under The House
  • Interior and Exterior Basement Entry

Parking

  • 3 Parking Spaces
  • No Garage

Outdoor Features

  • Water Access
  • Walking Distance to Water
  • Outdoor Grill

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Gas
  • 100 Amp Service
  • Well
  • Tankless Water Heater
  • Gas Water Heater
  • Septic Tank
  • Satellite Dish

Community Details

  • Marina

Listing and Financial Details

  • Tax Lot 90
  • Assessor Parcel Number 586BEACHAVNSHM

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,837

Year Built

Built in 2009

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 1.66
  • Above Grade Finished Sq Ft: 1680.0
  • Architectural Style: Cabin/Cottage
  • Garage Yn: No
  • Unit Levels: Two
  • New Construction: No
  • Building Stories: 2
  • Year Built: 2009
  • Property Sub Type Additional: Single Family Residence
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Appliances: Dryer, Dishwasher, Gas Water Heater, Microwave, Oven, Range, Refrigerator, Tankless Water Heater, Washer
  • Other Equipment: Satellite Dish
  • Has Basement: Exterior Entry, Full, Interior Entry, Partially Finished
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Below Grade Sq Ft: 624.0
  • Fireplace Features: Masonry, Tile
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Ceramic Tile, Hardwood, Carpet
  • Interior Amenities: Tub Shower
  • Living Area: 2304.0
  • Dining Room Type: Game Room, Laundry, Storage Room, Utility Room, Workshop
  • Stories: 2
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Lot Features: Waterfront
  • View: Saltwater, Water
  • View: Yes
  • Waterfront Features: Beach Access, Beach Front, Water Access, Walk to Water, Waterfront
  • Waterfront: Yes
  • Construction Type: Plaster, Shingle Siding
  • Exterior Features: Barbecue
  • Foundation Details: Block

Garage/Parking

  • Parking Features: No Garage
  • Total Parking Spaces: 3.0

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Forced Air, Gas
  • Heating Yn: Yes
  • Electric: 100 Amp Service
  • Sewer: Septic Tank
  • Water Source: Well

Condo/Co-op/Association

  • Community Features: Marina
  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 72310.0
  • Parcel #: 586BEACHAVNSHM
  • Zoning: MX
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 4837.08
  • Tax Lot: 90
  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 4, 2024
Sold by
Roach Robert N
Bought by
Beach Block Llc
Current Estimated Value
$2,130,082

Purchase Details

Listed on
Nov 7, 2017
Closed on
Feb 9, 2018
Sold by
Beguelin Robert D and Jones Susanna A
Bought by
Roach 3Rd Robert N
Seller's Agent
Susan Weissman
Sullivan Sotheby's Intl.Realty
Buyer's Agent
Cindy Pappas
Sullivan Sotheby's Intl.Realty
List Price
$1,475,000
Sold Price
$1,350,000
Premium/Discount to List
-$125,000
-8.47%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.19%
Original Mortgage
$1,080,000
Interest Rate
3.5%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Oct 27, 2008
Sold by
Brain Margaret A Est
Bought by
Beguelin Robert D and Jones Susanna A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$750,000
Interest Rate
5.94%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Beach Block Llc -- None Available
Roach 3Rd Robert N $1,350,000 --
Beguelin Robert D $1,050,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Brain Margaret Ann $1,080,000
Previous Owner Brain Margaret Ann $750,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/09/2018 02/09/18 Sold $1,350,000 -8.5% $586 / Sq Ft
01/10/2018 01/10/18 Pending -- -- --
11/07/2017 11/07/17 For Sale $1,475,000 -- $640 / Sq Ft
Source: State-Wide MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $7,741 $1,402,400 $730,600 $671,800
2023 $8,442 $1,402,400 $730,600 $671,800
2022 $6,650 $939,280 $670,240 $269,040
2021 $6,293 $939,280 $670,240 $269,040
2020 $5,974 $939,280 $670,240 $269,040
2019 $5,786 $939,280 $670,240 $269,040
2018 $4,911 $825,440 $565,520 $259,920
2017 $4,837 $825,440 $565,520 $259,920
2016 $4,722 $825,440 $565,520 $259,920
2015 $5,749 $1,043,400 $706,900 $336,500
2014 $5,572 $1,043,400 $706,900 $336,500
2013 $5,436 $1,043,400 $706,900 $336,500
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2018

    Susan Weissman

    Sullivan Sotheby's Intl.Realty

    (401) 466-5521

    13 Total Sales

    Susan Weissman
    Section Image
  • Cindy Pappas

    Buyer's Agent in 2018

    Cindy Pappas

    Sullivan Sotheby's Intl.Realty

    (401) 864-0996

    38 Total Sales

    Cindy Pappas
    Section Image
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Map

Source: State-Wide MLS

MLS Number: 1177333

State-Wide MLS

APN: BLOC-000005-000000-000090

Rhode Island Washington County Block Island 02807

586 Beach Ave, Block Island, RI

This home is located at 586 Beach Ave, Block Island, RI 02807 since 07 November 2017 and is currently estimated at $2,130,082, approximately $924 per square foot. This property was built in 2009. 586 Beach Ave is a home located in Washington County with nearby schools including Block Island School.

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